ILPIBB 2026B Private Placement -- $24,340,000
Get Issuer Alerts
Add this issuer to your watchlist to get alerts about important updates.
ILPIBB 2026B Private Placement -- $24,340,000
Summary
- Total Loan Amount
- $24,340,000
- Service Type
- Private Loan
- Bids Due
- 10/29/2026 at 9:00 AM ET
- Sector
- Healthcare
- State
- Indiana
- Listing Date
- 10/16/2026
Project Description
Please submit your proposal by 9:00 AM EST on October 29th. Within your proposal, please indicate the shortest optional redemption date that you will accept at par and how long you would be willing to hold this interest rate. Please also include within your proposal estimated counsel fees, if applicable and indicate which firm would serve as counsel.
----------
The Indianapolis Bond Bank for The Indianapolis Local Public Improvement Bond Bank is currently seeking proposals on a financing for the 2026B Bonds to be used to fund all or a portion of the costs of the Health and Hospital Corporation of Marion County, Indiana (“HHC”) 2026/2027 Capital Improvement Projects. The Bonds are a general obligation of HHC, payable from ad valorem property taxes on all taxable property within Marion County (coterminous with the jurisdiction of HHC), and have a final maturity of January 15, 2046. Attached is the term sheet for this financing which includes further details to the Bonds, the project and the Health and Hospital Corporation of Marion County, Indiana. The Bond Bank and the Corporation are currently only seeking a fixed interest rate and would like to avoid additional covenants as they are seeking similar covenants to its public debt.
Submission Requirements
Please submit your proposal by 9:00 AM EST on October 29th. Within your proposal, please indicate the shortest optional redemption date that you will accept at par and how long you would be willing to hold this interest rate. Please also include within your proposal estimated counsel fees, if applicable and indicate which firm would serve as counsel.
Return proposals by no later than 9:00 AM EST on October 29, 2026, to:
Claire (Dennis) Miller - Stifel, Nicolaus & Company, Inc.
(317) 808.7101
dennisc@stifel.com
Mike Schumaker - Stifel, Nicolaus & Company, Inc.
(317) 808.7273
mschumaker@stifel.com
Greg Clark - Stifel, Nicolaus & Company, Inc.
(317) 808.7281
clarkg@stifel.com
Documents
Participants
Municipal Advisor
Crowe LLP

Crowe LLP

Bond Counsel
Barnes & Thornburg

Bidding Agent
Stifel Nicholaus & Co., Inc.

Stifel Nicholaus & Co., Inc.
